Tax deductions for salaries in a taxpayer's own business
The revenue guidance states that salaries paid to oneself are not deductible as a business expense since they function as a transfer of profits. Minor children' wages are not deductible, while adult children may be compensated for services. Farm labor compensation is deductible if used for farm work or domestic tasks. personal household expenses remain non deductible. Ordinary and necessary business expenses may be deducted, but personal or family living costs are prohibited.
Vast tobacco surplus held by War Department after armistice
After the armistice the War Department held a huge tobacco surplus including 220,530,000 Camel cigarettes made by R J Reynolds Tobacco Co. Of this total 180,000,000 were sold back to the maker in 1919 at prices around 40.05 to 0.065 per package in bond with a 6 cent internal revenue tax per 20 pack, yielding an average stamped price of 12 cents per 20 pack.
MENTIONED IN THIS ARTICLE
Washington, D. C
War Department
R. J. Reynolds Tobacco Co
Winston-Salem
N. C
Internal Revenue
Round Oak Heating and Plumbing Repaints Radiator Repairs
All radiators repaired rebuilt recured by the Round Oak Heating and Plumbing company. Years of radiator work backed by absolute guarantee on all work. Adv. 221f.
MENTIONED IN THIS ARTICLE
Round Oak Heating & Plumbing Company
Real Estate Transfers in Beaverhead Issued Week Ending March 6 1921
Real estate transfers include Ralph A Jones for 160 acres in Big Hole basin near Wisdom and several Dillon parcels on Atlantic and Reeder streets. Buyers include A H French to Warren Gracier for one lot. Luella Hobson to Margie Davis for about two lots. Ida M Slack to A C Bond for five lots. Benjamin Bond to Ida M Slack for a 75 by 255 foot parcel. Also lists mining claims and water rights in multiple districts and various corporate filings.
MENTIONED IN THIS ARTICLE
Ralph A. Jones
Big Hole Basin
Wisdom
Hans Olson
Louis Anderson
Poindexter & Orr
Dillon
Dakota Street
Luella Hobson
Margie Davis
Mauldin
Atlantic Street
Ida M. Slack
A. C. Bond
Rife
Reeder
Argenta
Benjamin Bond
Dillon Kernbucy Avenue
Joseph L. Lewis
Hans P. Johansen
Lima
A. McDonald
Cassie McDonald
Fred Huber
Anna
Bertha Huber
Washington Streets
Discovery of Burbank potato origins told by Luther Burbank
Luther Burbank described how a single promising seed pod in his potato patch led to the creation of the Burbank potato. He recounted daily checks on the pod, its disappearance, and a bird allegedly carrying it away before the pod was found and seeds planted, producing the famous variety.
MENTIONED IN THIS ARTICLE
Luther Burbank
Colorado Potato Men
Burbank
Mr. Burbank
Watermelon Banter From a Terre Haute Rotarian
Harry Grimsley of Terre Haute, a Rotarian from Georgia, extols state pride and watermelon bargains. He claims Georgia melons are huge and cheap, contrasting with Indiana produce, and jokes about eating near the rind while claiming abundant melons feed a family.
MENTIONED IN THIS ARTICLE
Harry Grimsley
Terre Haute
Georgia
Mr. Grimsley
Indiannapolis News
Mayr's Wonderful Remedy Rejuvenates Sufferers
A reader reports five months after using the medicine for gas and stomach trouble they feel entirely well and look twenty years younger. The ad claims the preparation removes mucus from the intestinal tract and reduces inflammation causing stomach liver and intestinal ailments including appendicitis. One dose will convince or money refunded. Potts the Druggist and druggists everywhere.
MENTIONED IN THIS ARTICLE
Mayr
Acreage Near Dillon Seeks Buyer at 85 per Acre
Listings describe 422 acres of meadow farm and pasture two miles from Dillon Montana. Property includes hay timber brush and open water with easy access and a per acre price of 85. Contact C D Newman by telephone Clock Dillon Mont.
MENTIONED IN THIS ARTICLE
Dillon
Sc. C
Mont
Sacred Dome of Jerusalem Rock and Its Sacred Role
A forthcoming report on the Dome of the Rock in Jerusalem notes its high sanctity in Islam as a former Kibla and a site linked to David and Solomon, Mohammeds ascent to heaven, the Great Judgment, and figures like Omar Abdel-Malek Saladin and Suleiman in its history.
MENTIONED IN THIS ARTICLE
Rock of
Jerusalem
David
Solomon
Mohammed
Mecca
Omar Abdel-Malek
Saladin
Suleiman
Self Luminous Animals Across Many Animal Groups
A new work by E Newton Harvey on The Nature of Animal Light states at least 36 orders of animals are self luminous. The list includes protozoa hydroids jellyfish bryozoa polychaetes oligochaete worms brittle stars crustacea myriapods insects mollusks primitive chordates and fishes. No luminous species inhabit freshwater. all are terrestrial or marine. Luminosity appears in larvae adults and sometimes eggs. Experiments isolate luciferase enzyme and luciferin protein and light results from their interaction in oxygen and water.
MENTIONED IN THIS ARTICLE
E. Newton Harvey
Recovered Coin Found Near Washington Statue Foundations
John Nash, then a Philadelphia police officer, dropped a 2 cent piece into a hole for the Washington statue foundations at Independence Hall. Fifty years later while renovations were under way the coin was unearthed and to be hung in Independence Hall. Nash recalled that two cents then had three times the buying power of today.
MENTIONED IN THIS ARTICLE
Colin
Washington
Independence Hall
Philadelphia
John Nash
Nash
Smoke Harms Galvanized Iron Roofing Findings
A German chemist reports galvanized iron unsuitable for roofing due to smoke exposure. Sulphur dioxide reacts with moisture to accelerate corrosion. mixtures of sulphur and carbon dioxide are highly corrosive. microscopic study shows minute cavities and ferric sulphate from galvanic action or dissolution of zinc coating.
Reading to children builds imagination and future learning
This column argues daily reading by parents shapes imagination and self education. It contrasts two play groups and urges reading, lists favorite children’s books with publishers, and notes public libraries can provide selections.
MENTIONED IN THIS ARTICLE
Macmillan Co
N. Y. City
Lucas
J. B.lippencott
Phil
Charles Kingsley
Dodd, Mead & Co
Uncle Remus
Joel Chandler Harris
D. Appleton & Co
Lewis Carroll
The
Daniel Defoe
Harper & Sres
Charles and Mary Lamb
C. Scribner’s Sons
Also Mentioned on This Page
Wit
W. A. Graeter Cashier
A. L. Stone
Tribune Pub. Co
Dillon, Mont
Shorthorn Bulls
Anderson Bros
Books of the
Beaverhead Abstract Company
A. H. French
Warren Gracier
Mountain View Cemetery Association
Bertha and
Anna Huber
Mountain View Cemetery
C. R. Stanfield
A. T. Crossley
Red Rock
Golden Leaf
Black Diamond
Nogo
Josephine Haven
Palmer Springs
Arthur and
Wallace Smith
Beaverhead
Grace L. Judy
Centennial Valley
Clover Creek
Montana
Robert Khani
Lincoln
Diamond
Gallileo
Ingersoll
Bruno
Tom Payne
Ram
Aurora
Evolution
Vilet
Monitor
Acon
Globe Rode
Elkhorn
Indiana
Dairy and Poultry Ranch
National Cash Register Co
PMC
Macella
John Patterson
Patterson
Security State Bank
Federal Reserve Roti Eee
National Kindergarten Association
W. 40Th St
New York City
Katherine Beebe
Red Cross
MAJER _ Hoge
Spokane
Wash
Beaverhead County
Board of County Commissioners
D. D. McKnight
M.paumie
West Galena St
Butte, Mont
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